According to the American Iron and Steel Institute, in the week ending October 18, 2014, US domestic raw steel production was 1,822,000 net tons while the capability utilization rate was 75.7 percent. Production was 1,832,000 net tons in the week ending October 18, 2013, while the capability utilization then was 76.5 percent. The current week production represents a 0.5 percent decrease from the same period in the previous year. Production for the week ending October 18, 2014 is up 1.0 percent from the previous week ending October 11, 2014 when production was 1,804,000 net tons and the rate of capability utilization was 75.0 percent.
Adjusted year-to-date production through October 18, 2014 was 77,063,000 net tons, at a capability utilization rate of 77.1 percent. That is up 0.5 percent from the 76,689,000 net tons during the same period last year, when the capability utilization rate was 77.0 percent.
